New Delhi, July 18 (UNI) LOTS Wholesale Solutions, a part of the US$ 50 billion Charoen Pokphand Group (CP Group) and a wholly owned subsidiary of Siam Makro Public Company Limited (Siam Makro) from Thailand, on Wednesday unveiled its first wholesale distribution centre in India at Netaji Subhash Place, here

Inaugurated by Minister of Food Processing Industries Harsimrat Kaur Badal, this is the first of the fifteen distribution centres LOTS Wholesale Solutions is aiming to open in India over the next three years.

LOTS Director (Business Development) Sameer Singh said they are planning to open two new such stores in Delhi -NCR region this year to cater to the needs of consumers. The expansion plan will initially focus cities in northern India, he said.

“At LOTS Wholesale Solutions, the main focus is on customers’ needs and satisfaction. The company offers a varied set of benefits to its members including a wide range of product selection at its stores, based on detailed research specifically catered to the catchment area and market demand. Through transparent pricing, round the year promotions, consistent product availability, customised last mile delivery and credit facilities, the company aims to provide a hassle-free shopping experience to its members, Mr Singh said.

The company brings specially curated assortments, categorised into food and beverages, kitchenware, household appliances, home decor, furniture, bedding, textiles,stationery and office supplies, electronic products and others; making LOTS Wholesale Solutions a complete one-stop shop.

Under its region-specific business strategy, LOTS Wholesale Solutions will provide support to home-grown brands and local suppliers. Fresh produce will be directly sourced from local farming communities, which will help farmers increase their income whilst reducing wastage during transportation and storage.

The company had announced its foray into India at the World Food India 2017 with a Memorandum of Understanding (MoU) worth Rs 1,000 crore signed with the Ministry of Food Processing Industries.

With its initial footprints in Delhi - NCR, LOTS Wholesale Solutions will help generate 5,000 direct and indirect jobs over the next five years.

The newly launched store will cater to over 50,000 registered members which include Hotels, Restaurants and Caterers (HoReCa), kirana stores, corporates, MSMEs and institutions such as government agencies, educational institutes and hospitals.

Spread over an area of 50,000 sq. feet, the LOTS Wholesale Solutions store is fully equipped with modern warehousing and storage facilities for its members.

Talking about the launch of the first store in India, Tanit Chearavanont, Managing Director, LOTS Wholesale Solutions said, ‘It is a landmark day for LOTS Wholesale Solutions and Siam Makro as we unveil our first wholesale centre in India. Through this store, the registered members of LOTS Wholesale Solutions will enjoy the benefits of a vast assortment of high-quality food and non-food products, tailored to the specific needs of the Delhi market. We will offer our business customersa wholesale experience of global standards with a focus on high-quality products and customised services designed to make their purchasing easier, more efficient and economical. The store will become fully operational and cater to our customers from 19th July onwards.’

Commenting on the occasion, Mr Soopakij Chearavanont, Chairman of CP Group said, ‘I am very excited to be a part of the first store launch of LOTS Wholesale Solutions in the capital city of the country; India is an extremely important market for us. Taking forward the CP Group philosophy of “3-Benefits” in India, we are committed to creating prosperity for the country, for the local community and people, and finally to the company. LOTS Wholesale Solutions will invest in people, technology and supply chain infrastructure, and look forward to contributing to India’s economic growth.’

Also present at the opening ceremony were Thailand’s Ambassador to India Mr Chutintorn Gongsakdi, Mr Dhanin Chearavanont, Senior Chairman of CP Group, Mr Soopakij Chearavanont, Chairman of CP Group, Mr.Supachai Chearavanont, CEO of CP Group, Mrs SuchadaIthijarukul, Group CEO of Siam Makro PCL and the leadership team of LOTS Wholesale Solutions.

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